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Someone with no money or significant debt does not have FU money, unless they are willing and happy to be homeless and live on the fringes of society. Those peo
by al_borland 6mo ago
Someone with no money or significant debt does not have FU money, unless they are willing and happy to be homeless and live on the fringes of society. Those people need to keep their job to make their payments.
The CEO doesn’t have FU money, because they are still accountable to the board and stockholders.
Those billionaire CEOs do have the option to pivot into FU money when they choose. All they have to do is sell the company and retire. At that point, they can say whatever they want about whoever they want, provided they aren’t breaking the law in the process.
Anyone whose assets can earn enough to fund their desired lifestyle in perpetuity has FU money. For some people who are perfectly happy without anything, that might be $0, for others it might be $5m or $100B. It all depends on lifestyle.